When businesses work with others, each party typically expects something in return for the service or product provided – and contracts are the only way to make sure that everybody upholds their end of a bargain. A contract helps each party understand their...
Break Away From The Pack
Business And Commercial Litigation
The importance of professional liability insurance for RIA firms
Some types of insurance are necessary for those starting just about any kind of business. For example, you need general liability insurance in case a client slips in a spill and breaks a hip. You need workers’ compensation insurance in case the person who trips is one...
Utilizing intellectual property to craft a brand
If you are thinking about starting your own financial advising firm or an RIA, it is important to consider the ways in which your company’s use of intellectual property (IP) can potentially make or break your brand. Your business will be operating in a competitive...
Avoiding age discrimination as you staff your new business
When you’re starting a new business, it’s only natural that you want to hire people who have a lot of energy and are committed to seeing the business grow and thrive. For many new business owners in the financial, tech and other industries, that means bringing in...
Crafting an informed intellectual property strategy
If you are interested in launching your own financial advising enterprise, it is important that you take the time to proactively seek legal guidance concerning intellectual property issues. Intellectual property is an area of law that many new business owners don’t...
How do I know my insurance company is acting in bad faith?
When you sign up for an insurance policy, you are taking steps to ensure that you are covered for any financial losses that might arise if disaster strikes. On the other hand, the insurance company promises to show up and provide the monetary support necessary to get...
Should you start your own firm?
Working for a financial firm can be an extremely rewarding experience. You get to help people invest their money and grow their wealth. However, there may come a time when you feel like you're ready to start your own business. So, should you leave your financial firm...
Plan for a potential data breach
As an emerging financial services firm, you have to remember that your client’s privacy is a priority. You don’t want to be the firm that’s responsible for a data breach that leads to your client’s information being made public or being available on the dark web. ...
What causes shareholder disputes?
Shareholders are individuals who own stocks in a company. The number of stocks per person generally varies, with the company having major shareholders and minority shareholders. Nonetheless, it’s important that all shareholders feel respected and are treated within...
Are business partners who leave liable for abandonment?
Business partnerships start with the best of intentions. Unfortunately, that optimism can fade, and one partner may want to leave before the remaining partner(s) is/are ready to call it quits. It can lead to anger and frustration, not unlike a couple who divorces....